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Would you go for a cross-grade?
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<p>[QUOTE="houston_ray, post: 108044, member: 1943"]Hello all!</p><p><br /></p><p>Recently I acquired an ANACS slabbed AU53 1934-S Peace dollar. A little bit of uneven toning on the reverse, but overall an excellent original no-problem and uncleaned coin. </p><p><br /></p><p>Question:</p><p><br /></p><p>When I review recent sales of this date on Heritage Coins and other benchmarks, it appears that 1) this coin fetches a considerable premium in the same grade if graded by PCGS or NGC, and 2) this Peace dollar really ramps up in value in AU over just a couple points.</p><p><br /></p><p>Do you think it would be worthwhile to try to send this ANACS coin out to NGC or PCGS and try for an "no lower than AU53" cross-grade? </p><p><br /></p><p>Do you think that the current perception about PCGS and NCG versus ANACS is just euphoria on the part of the coin collecting community, or a long-term phenomenon?</p><p><br /></p><p>Frankly, I believe that ANACS does a pretty good job of grading. The coin's a beauty and I believe ANACS did a fair job for the grade. Then at the same time, my understanding is that while NGC and PCGS will cross-grade, they tend to be extra tough on it.</p><p><br /></p><p>Kind Regards</p><p>Houston_Ray[/QUOTE]</p><p><br /></p>
[QUOTE="houston_ray, post: 108044, member: 1943"]Hello all! Recently I acquired an ANACS slabbed AU53 1934-S Peace dollar. A little bit of uneven toning on the reverse, but overall an excellent original no-problem and uncleaned coin. Question: When I review recent sales of this date on Heritage Coins and other benchmarks, it appears that 1) this coin fetches a considerable premium in the same grade if graded by PCGS or NGC, and 2) this Peace dollar really ramps up in value in AU over just a couple points. Do you think it would be worthwhile to try to send this ANACS coin out to NGC or PCGS and try for an "no lower than AU53" cross-grade? Do you think that the current perception about PCGS and NCG versus ANACS is just euphoria on the part of the coin collecting community, or a long-term phenomenon? Frankly, I believe that ANACS does a pretty good job of grading. The coin's a beauty and I believe ANACS did a fair job for the grade. Then at the same time, my understanding is that while NGC and PCGS will cross-grade, they tend to be extra tough on it. Kind Regards Houston_Ray[/QUOTE]
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